What does 3iQ Solana Staking ETF invest in?▾
The fund provides direct exposure to the Solana (SOL) and its USD price movements, while offering staking rewards. Although the fund may use regulated SOL futures for non-hedging purposes, derivative exposure is limited to 5% of NAV. Investments are acquired from reputable digital asset trading platforms and OTC counterparties. To enhance returns, the fund intends to stake up to 50% of the SOL holdings. Staking is a way to earn rewards by putting your crypto to work on a blockchain network. The fund does not use derivatives or leverage. SOL is stored in segregated cold storage.